The Sandesh Limited has informed the Exchange regarding Re-appointment of Smt. Pannaben F. Patel as Non- Executive Director of the company w.e.f. September 25, 2025 who was liable to retire by rotation.
SANDESH · price
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At the 82nd AGM held on September 25, 2025, shareholders of The Sandesh Limited approved several key items. A final dividend of Rs. 2.50 per equity share was declared, taking the total payout for FY25 to Rs. 5.00 per share (along with the interim dividend), with payment scheduled for October 10, 2025. Smt. Pannaben F. Patel, a Non-Executive Director and wife of CMD Shri Falgunbhai C. Patel, was re-appointed as a Director liable to retire by rotation. M.C. Gupta & Co. was appointed as Secretarial Auditor for a five-year term (FY26–FY30). Additionally, shareholders approved the continuation of Shri Falgunbhai C. Patel (Promoter, CMD) beyond the age of 70 for the remainder of his term ending March 31, 2027.
The Rs. 5.00 total dividend (50% on face value of Rs. 10) offers a reasonable income return for shareholders. Continuity of the promoter family on the board and CMD's extension post-70 years indicates stability in leadership but maintains the existing promoter-dominated governance structure without fresh independent oversight changes.